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Biocon India Ltd. Vs. Associated Alcohols and Breweries Ltd.

Biocon India Ltd. vs Associated Alcohols and Breweries Ltd.

Disposition Petition dismissed Court Madhya Pradesh Decided Mar 05, 2004
~2 min read
https://sooperkanoon.com/case/504321

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Citation
Court
Madhya Pradesh High Court
Judge
Decided On
Case Number
Co. P. No. 16 of 2001
Subject
Company;Banking
Disposition
Petition dismissed

Case Summary

AI-generated summary - not the official court judgment text.

- INDIAN PENAL CODE, 1890.Sections 307 & 324: [Lokeshwar Singh Panta & B.Sudershan Reddy,JJ] Assault Proof - Appellant allegedly dealt sickle blow to deceased - Testimony of eye-witnesses showed that sudden altercation ensued between appellant and deceased - No evidence to indicate any previous enmity between parti...

Key legal issue
Company;Banking
Outcome / disposition
Petition dismissed
Acts & sections
Companies Act, 1956 - Sections 10

Parties & Advocates

Appellant / Petitioner

Biocon India Ltd.

Advocate Inani, Adv.

Respondent

Associated Alcohols and Breweries Ltd.

Advocate None

Legal References

Acts
Companies Act, 1956 - Sections 10
Reported In
III(2004)BC524

Excerpt

- indian penal code, 1890.sections 307 & 324: [lokeshwar singh panta & b.sudershan reddy,jj] assault proof - appellant allegedly dealt sickle blow to deceased - testimony of eye-witnesses showed that sudden altercation ensued between appellant and deceased - no evidence to indicate any previous enmity between parties - single blow of sickle had been inflicted by appellant on back of deceased - incised wound allegedly inflicted by appellant - however opinion of doctor proved that deceased had not died due to direct result of said injury held, appellant is therefore liable to be convicted under section 324 of i.p.c., sentence of 3 years imprisonment reduced to period undergone by appellant considering mental agony suffered by himordera.m. sapre, j.1. this is a petition filed under section 433 read with section 434 of the companies act for winding up of the respondent company. on notice being issued to the respondents, the respondents have filed an affidavit along with a certificate of incorporation stating therein that the registered office of the respondent company is situated at calcutta i.e. in the state of west bengal. it is on this basis the respondents have contended that the petition is not maintainable at indore for want of territorial jurisdiction as required under section 10 of the companies act.2. i am inclined to accept the objection raised by the respondents because admittedly section 10 of the companies act determines the territorial jurisdiction of the company matters to be filed under the companies act for winding up of a petition. section 10 in clear terms provides that a petition for winding up can be filed against a company only at a place where the registered office of the company is situated. admittedly the respondent company's registered office is situated at calcutta (w.b.) and, therefore, the proper court for filing of the winding up petition against the respondent is at calcutta i.e. calcutta high court and not in the high court of m.p. bench at indore.3. in view of the situation and in this view of the matter the petition is not maintainable for want of territorial jurisdiction.4. it is accordingly dismissed.

Full Judgment

ORDER

A.M. Sapre, J.

1. This is a petition filed under Section 433 read with Section 434 of the Companies Act for winding up of the respondent Company. On notice being issued to the respondents, the respondents have filed an affidavit along with a certificate of incorporation stating therein that the registered office of the respondent Company is situated at Calcutta i.e. in the State of West Bengal. It is on this basis the respondents have contended that the petition is not maintainable at Indore for want of territorial jurisdiction as required under Section 10 of the Companies Act.

2. I am inclined to accept the objection raised by the respondents because admittedly Section 10 of the Companies Act determines the territorial jurisdiction of the Company matters to be filed under the Companies Act for winding up of a petition. Section 10 in clear terms provides that a petition for winding up can be filed against a Company only at a place where the registered office of the Company is situated. Admittedly the respondent Company's registered office is situated at Calcutta (W.B.) and, therefore, the proper Court for filing of the winding up petition against the respondent is at Calcutta i.e. Calcutta High Court and not in the High Court of M.P. Bench at Indore.

3. In view of the situation and in this view of the matter the petition is not maintainable for want of territorial jurisdiction.

4. It is accordingly dismissed.

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